# PPP loan: BASIC ELECTRICAL SERVICES INC
> **$237K** approved 02/05/2021 · Paid in Full · Loan `3539958404`
## Borrower
- **Name:** BASIC ELECTRICAL SERVICES INC
- **Address:** 5145 New Carlisle Saint Par Rd, New Carlisle, OH, 45344-9535
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*